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Fiberweb India Ltd bags Very Prestigious EXPORT ORDERS of value added products for INRs 253 Million

Posted On: 2018-09-12 13:18:21

Fiberweb India Ltd has received export orders worth INRs 253 Million (US$3.51 Million). It is a matter of pride for young team from USA that their efforts have successfully resulted these orders. In USA and other countries the season has started early this year and this is the only first order of the Season. The order covers our both products in the field of PP Spun Bond and Melt Blown Fabrics.

Due to research and development work done by the Company on its product and also preparing innovative converted products, the Company has been able to break through in the competitive market of U.S.A. with the orders of good profitability. The company produces Spun Bond Non Woven Fabric (Technical Textile) and its various converted products. There is continuous research and development and also improvement by which Company is able to get the value added products.

The company is pioneer in this field and being 100% EOU, largest exporter and a Star Export House. It has established its name as a quality supplier in the international market as it is ISO 9001: 2008, ISO 1400122004, OHSAS 18001:2007 and Oeko Tex Standard 100 Company.

Melt Blown line is in operation since January 2018 and in short time it is very well accepted in the market. Due to demand far exceeding the supplies, our products are much in demand by the Customers at a much better price.

Shares of FIBERWEB (INDIA) LTD. was last trading in BSE at Rs.55.45 as compared to the previous close of Rs. 58.3. The total number of shares traded during the day was 84443 in over 541 trades.

The stock hit an intraday high of Rs. 59.3 and intraday low of 55.4. The net turnover during the day was Rs. 4757676.


Source: Equity Bulls

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